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Expedia rises as Argus upgrades to Buy

Jul. 31, 2019 9:29 AM ETExpedia Group, Inc. (EXPE) StockEXPEBy: Jason Aycock, SA News Editor
  • Expedia (NASDAQ:EXPE) is up 0.7% premarket following a boost to Buy at Argus.
  • The firm set its price target to $160, implying 18.3% upside. The stock declined 2.5% yesterday.
  • The firm expects Expedia's market share of global travel bookings will rise from 6% three years ago to 8-9% by 2020.
  • Sell-side analysts rate it Outperform on average, while Seeking Alpha authors are more Neutral. The stock has a Quant Rating of Bullish.

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